Amazon.com’s high media government Jeff Blackburn plans to retire in the beginning of 2023, the e-commerce big stated on Friday.
The firm stated that the media and leisure companies, led by Blackburn since May final yr, will likely be overseen by two present executives, Mike Hopkins and Steve Boom, who will report on to Chief Executive Officer Andy Jassy.
The companies embrace Prime Video, Amazon Studios, Music, Audible, Games, and Twitch.
Blackburn, who additionally served as senior vp at Amazon, joined Amazon in 1998 and guided the corporate via its preliminary public providing prospectus at Deutsche Bank.
He left Amazon briefly in February 2021, earlier than returning once more in May 2021.
“I’ve decided to spend 2023 differently, giving more time to family, and feel strongly this is the right decision for me,” stated Blackburn.
Over the previous yr and a half, Blackburn was a key determine behind the success of exhibits like Rings of Power in addition to the acquisition of film studio MGM this yr, stated Amazon.
Meanwhile, Amazon witnessed mass layoffs in November this yr, which at the moment are claimed to increase into subsequent yr, as acknowledged by CEO Andy Jassy. The firm has knowledgeable employees in its units and books divisions about layoffs. A number of staff have been additionally provided a voluntary buyout supply.
Amazon has already notified that it will lay off about 260 company employees at varied amenities within the state. For these being laid off, Amazon is providing severance packages. It is one among the many many tech corporations which are witnessing mass layoffs this yr. Meta and Twitter additionally introduced job cuts in November, shedding 1000’s of staff.
